Colgate-Palmolives Q3 earnings show mixed results, with sales meeting expectations and adjusted profit slightly exceeding predictions. However, CEO Noel Wallace highlights ongoing challenges such as consumer uncertainty, rising costs, and increased promotional deals. The company experienced flat organic sales and a slight drop in product volumes, primarily due to slower business in North America and softness in developed markets. Despite these challenges, Colgate remains focused on maintaining market share, investing in advertising, and developing new products. The company is also exploring the impact of a new Colgate Total formula in Latin America and leveraging AI and innovation to differentiate itself from competitors. Colgate is closely monitoring key areas for future growth, including the recovery of market share for the new Colgate Total formula, the effectiveness of science-based innovations and AI-driven marketing efforts, and the progress of strategic growth and productivity programs.

The Daily News Now! — Every city. Every story. AI-powered.

---

Hosted on Acast. See acast.com/privacy for more information.